Minnesota Timberwolves owner and former Walmart executive Marc Lore’s new food-truck startup has a $3.5 billion valuation, and he wants to expand to new regions
The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
Ghost kitchens are popping up all over the U.S. as food delivery soars and dining at restaurants plummets amid the pandemic. These businesses, which can host food preparation for multiple restaurants at a single location, are attracting interest from investors and restaurateurs. Photo: Adam Falk/The Wall Street JournalWonder Group, a food-delivery startup led by Jet.
New York-based Wonder closed a $350 million funding round last month, according to company officials, bringing the total amount raised in debt and equity to $900 million.
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